Keren Bnos Menachem Inc
- Assets
- $149.9k
- Revenue
- $235.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2022
- EIN
- 87-2071572
Organization Overview
Keren Bnos Menachem Inc is located in Brooklyn, NY. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keren Bnos Menachem Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE A GRANT MAKING ORGANIZATION THAT WILL BE SUPPORTING JEWISH ORTHODOX EDUCATIONAL INSTITUTIONS. WE WILL ONLY GRANT ORGANIZATIONS THAT AREVETTED THROUGH OUR PRE-SELECTION PROCESS. THE BOARD WILL IMPLEMENT CRITERIA FOR PRE SELECTION. THE BOARD WILL MAKE PRE-SELECTION INQUIRIES AND SITEVISITS TO ENSURE THE INTEGRITY AND VIABILITY OF THE PROGRAM SUPPORTED. THE PROGRAM WILL BE CONDUCTED BY VARIOUS BOARD MEMBERS FROM OUR OFFICESAT 1271 50TH STREET, BROOKLYN, NY. 100 PERCENT OF OUR TIME WILL BE EXPENDED ON THIS GRANT MAKING PROGRAM. IT WILL BE FUNDED THROUGHCONTRIBUTIONS BY COMMUNITY MEMBERS THAT ARE SUPPORTIVE OF OUR PROJECTS. APPROXIMATELY 95 PERCENT OF OUR EXPENSES WILL BE FOR OUR PROGRAM WITHTHE REMAINING 5 PERCENT COVERING ADMIN EXPENSES. THIS FURTHERS OUR EXEMPT PURPOSES OF BEING ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUSAND EDUCATIONAL PURPOSE.REQUESTS FOR GRANTS TO ORGANIZATIONS WILL BE CONSIDERED FOR ANY PURPOSE CONSISTENT WITH THE ABOVE ACTIVITIES. REQUEST FOR GRANTS MUST
Describe the Organization's Program Activity:
Part 3 - Line 4a
UTILIZING FUNDS FOR QUALITY EDUCATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yosef Simpson Director | Trustee | 0 | $0 |
Lieba Etta Director | Trustee | 0 | $0 |
Chaim Gurary Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $235,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $235,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $235,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $100,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,867 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $149,867 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $149,867 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $149,867 |